Prepare a comparative common-size income statement for P. Donnelly, Inc., using the 2018 and 2017 data of E12-22B. Round percentages to the nearest tenth of a percent.

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P. Donnelly, Ino. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Revenue Expenses: Cost of Goods Sold $500,000 $439,500 $245,000 111,000 10,000 54,700 $236,000 103,500 6,500 44,400 Selling and General Expenses Interest Expense Income Tax Expense Total Expenses Net Income 390,400 $ 49,100 420,700 $ 79,300